Back 23/2 Ridgeline Way
Off Market

23/2 Ridgeline Way

Highland Park QLD 4211

4
3
2
294 m²
Townhouse
Last sold for $1,240,000
Sarah DrewSarah Drew, last sold this property on 18 March 2026 after 29 days on market.

Overview

High-End Renovation Meets Dual Living & Strong Cash Flow

Don't let this incredible property slip through your fingers! Immerse yourself in luxury with this exceptional executive villa nestled in the prestigious 'Kirribilli Heights' secured estate. Move in ready or ready to lease out immediately. This expansive duplex boasts not only a spectacular rental return of approximately $1,400 - $1,550 per week, delivering an impressive 6.5% rental yield approx, but also the chance to maximise your income by renting out the self-contained studio granny flat below for approx $500-600 per week. Live in opulence in the main house while effortlessly raking in extra cash, or have the additional option of a work from home space. Perched in an elevated position, relish the Gold Coast breezes and panoramic hinterland views, all while being enveloped by the serenity of a tropical rainforest. Escape the ordinary and experience a lifestyle that feels miles away from the hustle and bustle of suburbia, while being only 15 minutes to the golden sands and nightlife of Broadbeach! Step inside this meticulously renovated two-storey haven, where a spacious living area, open-plan kitchen, and dining seamlessly flow out to an alfresco balcony with enchanting bushland vistas. The upper level features three generously sized bedrooms and two renovated bathrooms, ensuring comfort and style at every turn. The lower level unveils a studio granny flat with its own entrance, with bathroom, walk-in robe, air conditioning, fully fenced courtyard, kitchenette with dishwasher, and a European laundry. This is more than just a home; it's a haven of convenience and elegance. Indulge in the following features of this dual living paradise: - Three expansive bedrooms upstairs with built-in robes, master with ensuite, double robes and access to private patio - Brand new fully renovated main and ensuite bathrooms and toilet - Brand new paint throughout - Spacious covered deck offering breathtaking coastal and bushland views. - Versatile dual living arrangement with a 4th bedroom/granny flat/living area on the lower level, complete with its own entrance, bathroom, walk-in robes, kitchenette, laundry, and fenced courtyard with a clothesline. - Double lock-up garage with new garage automatic motors, room for 2 additional cars in the driveway, along with visitor parking nearby. - 11kW/24 panel solar system - Ducted air-conditioning and split systems throughout for year-round comfort. - Two courtyards with low-maintenance gardens, attracting a plethora of wildlife, from birds to wallabies. - Enjoy the community infinity pool and BBQ area, adorned with enchanting night lights. - Feel secure in the gated complex offering peace and privacy. - Pet-friendly (subject to body corporate approval). Rental return: - Whole Property - $1,400 - $1,550 p/w - Townhouse only - $900 - $950 p/w - Granny flat only - $500 - $600 p/w = 6.5% plus rental yield! Body corp approx. : $150 per week Council rates approx.: $1,700 per annum Water rates approx.: $1,200 per annum The location: You feel miles away in the tranquil bushland retreat of Kirribilli Heights, yet you are only 20 minutes drive to the Gold Coast's world famous beaches! Plus you are only a couple of minutes drive to local shops and parklands. You are also close to many great schools: William Duncan State School 5min drive Worongary State Primary School 7 min drive St Brigid's Primary School 6 min drive Nerang State High School 7 min drive Nerang State School 9 min drive Merrimac State School 12 min drive Seize this chance to elevate your lifestyle inquire now and secure your slice of Kirribilli Heights paradise! Contact Sarah Drew today 0444 555 144 to arrange an inspection Advertising Disclaimer: You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Drew Property Group and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
294 m² lot size
Townhouse

Estimated Value

Based on this property and similar 4 bedroom townhouses sold in Highland Park over the last 12 months, the estimated median property value of 23/2 Ridgeline Way is $1.09m.

Median value
$1.09m
Estimated value range
$955k - $1.24m
Median days on market
46
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Highland Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23/2 Ridgeline Way

2026
Rented
Undisclosed
Leased on 06 May 2026 by Housemark
2026
Sold
$1,240,000
18 Mar 2026 by Sarah Drew, of Drew Property Group
2024
Sold
$980,000
12 Jan 2024 by Sarah Drew, of Drew Property Group

Happy sellers in Highland Park

78%
78% of sellers in Highland Park reported that their sale price either exceeded or met their price expectations.

Highland Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Highland Park over the last 12 months.

Local market activity for 4 bedroom townhouses in Highland Park

In the last 12 months, 2 four-bedroom townhouses similar to 23/2 Ridgeline Way, have been sold.

This represents a 40% increase in four-bedroom townhouses sales when compared to the previous 12 months.

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